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  • 2023
  • June

Month: June 2023

Bonanza Makes Lending Program Accessible to More Sellers

June 30, 2023June 30, 2023 Ina Steiner
Bonanza

Online marketplace Bonanza launched a lending program for sellers shortly after Quincy Faison acquired online marketplace Bonanza in March. This week, it lowered the minimum requirements, making it accessible to more lower-volume sellers. When the program launched in April, the Read more

Marketplaces, NewsBonanza, Bonanza Lending, Quincy Faison

USPS Transition to Ground Advantage Runs into Minor Technical Issues

June 30, 2023June 30, 2023 Ina Steiner
USPS logo

On June 25, the US Postal Service updated its software ahead of changes that go into effect on July 9, 2023. But on Friday (June 30), it revealed it had run into some technical issues in preparing its system (PostalOne! Read more

News, ShippingUSPS, USPS glitch, USPS Ground Advantage4 Comments

Amazon Lowers FBA Fees for Low-Price Products: Good News, Bad News

June 29, 2023June 29, 2023 Ina Steiner
Amazon

Amazon is lowering standard FBA rates for all low-price products in 2 months. While sellers who use Amazon FBA fulfillment can currently apply for lower rates for certain items through FBA “Small and Light,” Amazon will end that program on Read more

Marketplaces, NewsAmazon, Amazon FBA, Amazon FBA Small and Light, Amazon fees1 Comment

PayPal Comes to A Screeching Halt for Some 3P Sites and Plug-ins

June 28, 2023July 1, 2023 Ina Steiner
PayPal

PayPal has been experiencing a technical issue that prevents customers from completing transactions on numerous third-party websites that use PayPal to power their checkout buttons. Operators of websites and plug-ins say the problem began as early as June 20. On Read more

News, PaymentsPayPal, PayPal glitch

ShipStation Adds New Insurance Option for Sellers

June 28, 2023June 28, 2023 Ina Steiner
ShipStation logo

Sellers using ShipStation can now opt to get insurance for their shipments through ParcelGuard, without having to set up a separate account. ShipStation said ParcelGuard offers savings of up to 67% for its customers. The rate for domestic shipping is Read more

News, ShippingAlbert Ko, Auctane, ParcelGuard, Shipping insurance, ShipStation

Sellers Get Grace Period as USPS First Class Package Ends July 9

June 27, 2023June 27, 2023 Ina Steiner
USPS logo

Don’t panic over the end of USPS FCPS at the end of next week – the transition should not be arduous for shippers, and the US Postal Service is offering a grace period. On Tuesday, it said it would continue Read more

News, ShippingeBay, eBay standard envelope, USPS, USPS FCPS, USPS Ground Advantage3 Comments

Bonanza Debuts New Logo as It Works on Developing Seller Tools

June 27, 2023June 27, 2023 Ina Steiner
Bonanza

Bonanza introduced a new logo on Tuesday, and that’s not the only change it has planned after new owner Quincy Faison acquired the online marketplace in March and took the helm as CEO. The logo still spells out the company Read more

Marketplaces, NewsBonanza, Quincy Faison10 Comments

Amazon Extends Prime Benefits to Small Businesses with Business Prime Duo

June 27, 2023June 27, 2023 Ina Steiner
Amazon

If you own a small business and subscribe to Amazon Prime for your personal purchases, Amazon will now allow you to extend those Prime benefits to business purchases made through your Amazon Business account. The company explained the new benefit Read more

Marketplaces, NewsAmazon, Amazon Business, Amazon Business Prime, Amazon Business Prime Duo

Amazon to Hold Funds of Unverified Sellers Starting July 7

June 26, 2023 Ina Steiner
Amazon

Amazon will hold sellers’ funds starting July 7 for those who have not provided it with required information it requested to comply with the INFORM Consumers Act, which takes effect Tuesday, June 27, 2023. Amazon updated its notice to sellers Read more

Marketplaces, NewsAmazon, Amazon verification, INFORM Act1 Comment

eBay Reminds Sellers of Changing Postal Rates in 2 Weeks

June 25, 2023June 25, 2023 Ina Steiner
eBay

eBay reminded sellers of the July USPS rate changes, which will go into effect in 2 weeks. “As always, we continue to work closely with our carrier partners to provide you with the best shipping rates on eBay Labels,” eBay Read more

Marketplaces, News, ShippingeBay Labels, eBay standard envelope, USPS Rates7 Comments

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